Election 2008: Obama on the Economic Issues (BusinessWeek Online)

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BusinessWeek Online - -- Income Taxes: Senator Barack Obama (D-Ill.) would hold most income tax rates steady, making permanent the Bush tax cuts for the vast majority of individual taxpayers. With those cuts scheduled to expire in 2011, he would allow rates for households making more than $250,000 (or individuals making more than roughly $200,000) to return to earlier levels. Earners who now pay today's maximum 35% rate would see their top marginal rate go back to the 36.9% in effect in the Clinton years, for example.

--- BusinessWeek Online ...



categoriaPersonal Finance commentoNo Comments dataOctober 28th, 2008

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